As far as I know, the subsidy is the same regardless of the price of the vehicle, so it doesn't apply only to "toys for rich folks". Also, I wouldn't say that

As far as I know, the subsidy is the same regardless of the price of the vehicle, so it doesn't apply only to "toys for rich folks". Also, I wouldn't say that a Tesla is a toy for rich folks. Many reasonably successful software engineers could afford one if they didn't want to spend their disposable income on other forms of entertainment.